.International Monetary Fund surcharges are an unnecessary burden on indebted nations. 23 countries pay these fees in 2024, nearly triple the number in 2019. This policy punishes countries when they need help most. #StopIMFSurcharges CEPR - Centre for Economic Policy Research i.mtr.cool/tjjblvawww
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Namibia: 2023 Article IV Consultation-Press Release; and Staff Report - International Monetary Fund: Namibia: 2023 Article IV Consultation-Press Release; and Staff Report International Monetary Fund
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Developing countries are more impacted by illicit financial flows than developed countries. The loss of tax revenue is one of the most significant effects of illicit financial flows. The poorest countries in the world bear the heaviest loss, mainly because capital flight suppresses their ability to collect taxes from the small base of wealthy individuals and companies that reside in or earn income in those countries. #Youth4TaxJustice #YTJN 📷 : UN Trade and Development (UNCTAD)
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Mr. Zafar Masud, President & CEO of BOP, brings critical insights to the Aid For Trade Global Review 2024 as a guest speaker. His address on navigating debt crises in developing nations promises to illuminate pathways towards sustainable economic recovery. Scheduled for June 26th, 2024 at 14:00 CET, his participation underscores the importance of mainstreaming trade policies that foster resilience and growth amid global economic challenges. #TheBankOfPunjab #HarFardKaKhayal #Aid4Trade
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Report alert: The role of civil society in monitoring International Monetary Fund (IMF) agreements What's it all about? Governments are the sole parties that negotiate with the IMF. But unpopular deals often lack legitimacy in the eyes of citizens. Civil society oversight can significantly enhance the legitimacy, transparency, and effectiveness of IMF programmes. This not only guards against the disenfranchisement of the populace but can also ensure that the burdens and benefits of economic adjustments are equitably shared. This paper examines case studies from Kenya, Sri Lanka, and the Caribbean. Evidence from those case studies signals a clear imperative for a structured collaboration between governments, international financial institutions, and civil society. Where can I find out more? Read the full report at https://lnkd.in/duq4UBFp #imf #internationalmonetaryfund #debtoversight #publicdebt #debtcrisis #democracy
The role of civil society in monitoring IMF agreements
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The Global South Dialogue on Economic Crime (GSDEC) highlights a crucial point: addressing economic crime demands both international cooperation and grassroots efforts. Economic crimes like corruption, tax evasion, and illicit financial flows have far-reaching consequences, often disproportionately impacting developing nations. By fostering global solidarity and empowering local communities, we can create a more robust defense against these challenges. What strategies have you seen work in combating economic crime? How can we better bridge the gap between global initiatives and local implementation? Let's continue this important dialogue. Together, we can work towards a more equitable and transparent global economy. #EconomicCrime #GlobalSouth #FinancialIntegrity #SustainableDevelopment #GlobalCooperation" Nkechi Valerie Azinge-Egbiri, PhD Folashade Adeyemo Joy Malala, PhD Lovina Otudor PhD Luckystar M. Jane Ngan Elfas Torerai Confidence Obayuwana Vincenzo Musacchio Tsanangurai Makuyana SHAMSUL AREFIN Suzzie Oyakhire, PhD. Jerry KWARBAI Rita Julien Sumedha Deshmukh Jonathan Ercanbrack DERETHA BESTER
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HOW CAN INTERNATIONAL FINANCIAL ORGANISATION FORCASTING POLITICAL MATTER OF CURRENT AND FUTURE OF PAKISTAN ITS MEAN THEY ARE ALL FULLY IN VOLVE AND MANEURING IN INTERNAL MATTER OF PAKISTAN
Fitch report warns political turmoil could derail Pakistan’s economic recovery | The Express Tribune
tribune.com.pk
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#EconomicReform The role of international partnerships and support becomes ever more critical for a country besieged by political turmoil, deadly conflicts and macroeconomic imbalances from rampant inflation to high external debts. Global economic ties and cooperative efforts can help manage external debt and facilitate better market access, essential for restoring an economy marred by political crises. Read more https://ow.ly/4yCy50Rg7k7
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Since its establishment, the WTO has supported the participation of developing economies and least-developed countries (LDCs) in the multilateral trading system through the provision of technical assistance, benefitting over 320,000 government officials. Read Deputy Director-General Zhang Xiangchen's insights on 30 years of WTO technical assistance: https://bit.ly/4hnEiC3 #WTOat30
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its a fight that can be won if we unite together with common initiatives, goals and objectives to end its effects and consequences. #against malnutrition in all forms and striving to end hunger through small scale agriculture, food processing and promoting the initiative of good nutrition starts with me , an initiative promoted by AfriCAN. AfriCAN - Africa Catalyzing Action for Nutrition , United Against Malnutrition and Hunger Agriculture, Food and Rural Affairs | Agriculture, Alimentation et Affaires rurales Nfor Ethel Mulih Bill & Melinda Gates Foundation
📺 Today in the House of Lords debate on Foreign Affairs, our CEO Jonathan Oates outlined three key development issues facing the new UK Government👇 🔹Tackling #malnutrition. 🔹Unsustainable debt servicing. 🔹The #ClimateCrisis. Action on all is critical to achieve #ZeroHunger.
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Only tier-one local governments in #China are allowed to directly issue debt and three of them have done so in the international markets. S&P Global Ratings believes that as more of these top-tier governments issue bonds offshore, their #credit spreads could differentiate. Read our report here: https://okt.to/DWHyop
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